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Accesso

May 2017

Investing in shares may lose you all or some of your money. Past performance is no indication of future performance. Some of the shares recommended here may be small company shares, which can be relatively illiquid and hard to trade and this makes such shares more risky than other investments.

  • Epic Code:
  • ACSO
  • Price:
  • 1715p
Accesso has acquired Ingresso, a trade only website that sells tickets to entertainment events. Ingresso acts as the principal on all bookings but allows third party websites, such as Lastminute.com, Amazon and a roster of small ones, to access the company’s live inventory through an XML feed from its system into their websites.Accesso has paid a full looking £17.5m (plus £10m earnout) for the business, which recorded a pretax profit of £1.2m on sales of £43.1m. But the deal is worth more in Accesso’s hands as there are obvious synergies to put the ticket inventory of its customers’ venues (leisure & entertainment attractions) in front of a larger pool of visitors across Ingresso’ ...

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With small companies there is an above average degree of risk compared to buying blue chips. Please be aware that we have not assessed the suitability of any of these investments for you. The newsletter simply states a personal view and diarises the editor’s investment decisions. Please speak to your stockbroker or other qualified individual to ascertain whether any of these companies mentioned would form useful additions to your own portfolios. Past performance is no indication of future success.

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